Fortune Estate Developers Profile
Key Indicators
- Authorised Capital ₹ 10.22 Cr
- Paid Up Capital ₹ 2.94 Cr
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 350.00 Cr
- Revenue Growth 31.24%
- Profit Growth -4.08%
- Ebitda -387.60%
- Net Worth -24.28%
- Total Assets 5.08%
About Fortune Estate Developers
Fortune Estate Developers Private Limited (FEDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 September 2008 and has a history of 16 years and six months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.22 Cr and a paid-up capital of Rs 2.94 Cr.
The company has closed loans amounting to ₹350.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sumeet Chawla and Balaji Ganapa serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45200TN2008PTC069189
- Company No.
069189
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Sep 2008
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Real Estate and Construction
Who are the key members and board of directors at Fortune Estate Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumeet Chawla  | Director | 19-Nov-2022 | Current |
| Balaji Ganapa | Director | 08-Jul-2016 | Current |
Financial Performance of Fortune Estate Developers.
Fortune Estate Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.24% increase. The company also saw a slight decrease in profitability, with a 4.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortune Estate Developers?
In 2023, Fortune Estate Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Midas Projects Private LimitedSumeet Chawla is a mutual person
Denali Management Services Private LimitedSumeet Chawla and Balaji Ganapa are mutual person
Divyasree Real Estate Developers Private LimitedSumeet Chawla and Balaji Ganapa are mutual person
- Divyasree R.O.W. Projects Llp
Sumeet Chawla is a mutual person
- Divyasree Holdings Private Limited
Sumeet Chawla is a mutual person
- Realty Constructions (Bangalore) Private Limited
Sumeet Chawla is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹350.00 Cr
Charges Breakdown by Lending Institutions
- Others : 350.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2018 | Others | ₹90.00 Cr | Satisfied |
| 05 Jun 2018 | Others | ₹60.00 Cr | Satisfied |
| 28 Sep 2016 | Others | ₹200.00 Cr | Satisfied |
How Many Employees Work at Fortune Estate Developers?
Unlock and access historical data on people associated with Fortune Estate Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortune Estate Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortune Estate Developers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Fortune Estate Developers
Recent activity within the organization
- Annual General Meeting
Fortune Estate Developers Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Fortune Estate Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Sumeet Chawla was appointed as a Director was appointed as a Director on 19 Nov 2022 & has been associated with this company since 2 years 4 months .
- Charges
A charge registered on 05 Jun 2018 via Charge ID 100187312 with Others was fully satisfied on 18 Nov 2022.
- Charges
A charge registered on 05 Jun 2018 via Charge ID 100186873 with Others was fully satisfied on 31 Oct 2022.
- Charges
A charge with Others of Rs. 90.00 Cr registered on 05 Jun 2018 with Charge ID 100186873 was modified on 22 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Fortune Estate Developers Private Limited?
Fortune Estate Developers Private Limited was incorporated on 08 Sep 2008.
What is authorized share capital and paid-up capital of Fortune Estate Developers Private Limited?
The authorized share capital of Fortune Estate Developers Private Limited is ₹ 10.22 Cr and paid-up capital is ₹ 2.94 Cr.
Who are the current board members & directors of Fortune Estate Developers Private Limited?
Currently 2 directors are associated with Fortune Estate Developers Private Limited.
- Sumeet Chawla
- Balaji Pandurangasetty Ganapa
What is the registered address of Fortune Estate Developers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Estate Developers Private Limited is No 7 Rajiv Gandhi Salai (Omr) Sholinganallur, India, Chennai, Tamil Nadu, 600119.
What is the corporate identification number (CIN) and company number of Fortune Estate Developers Private Limited?
The corporate identification number (CIN) of Fortune Estate Developers Private Limited is U45200TN2008PTC069189 and the company number is 069189 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fortune Estate Developers Private Limited?
The Official website of Fortune Estate Developers Private Limited is https://www.divyasree.com
What has been the recent revenue trend for Fortune Estate Developers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Estate Developers Private Limited has risen by 31.24%.
What change has been observed in the net worth of Fortune Estate Developers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Estate Developers Private Limited has experienced an downturn of -24.28%.
When was the last Balance Sheet of Fortune Estate Developers Private Limited filed with the ROC?
The most recent Balance Sheet for Fortune Estate Developers Private Limited was filed with the ROC on 31 Mar 2024.
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